Prospectus CREDIT SUISSE FI - 8-4-2011

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Prospectus CREDIT SUISSE  FI - 8-4-2011 Powered By Docstoc
					Filed pursuant to Rule 433
Registration Statement No. 333-158199-10
FINANCIAL PRODUCTS
FACT SHEET (U472)
                                                          Offering Period: August 8, 2011—August 15, 2011
                                    1 year Callable Yield Notes Linked to the Russell 2000 ® Index,
                          the United States Natural Gas Fund, LP and the Market Vectors Gold Miners ETF
                                  Return Profile

                1 year Callable Yield Notes linked to the performance of the
                 Russell 2000 ® Index, the United States Natural Gas Fund,
                 LP and the Market Vectors Gold Miners ETF.

                Interest payments will be paid monthly in arrears at a rate
                 expected to be 9.00% per annum, calculated on a 30/360
                 basis, subject to Early Redemption.

                If a Knock-In Event does not occur during the Observation
                 Period, the investor will be entitled to receive their principal
                 amount at maturity, subject to the credit of the Issuer.

                If a Knock-In Event occurs during the Observation Period,
                 the payment at maturity will be determined by the
                 Underlying Return of the Lowest Performing Underlying.

                           Terms & Knock-In Event

Issuer:                    Credit Suisse AG ("Credit Suisse"), Nassau Branch.
Trade Date:                Expected to be August 16, 2011.
Settlement Date:           Expected to be August 19, 2011.
Underlyings:               The Russell 2000 ® Index, the United States Natural Gas Fund,
                           LP and the Market Vectors Gold Miners ETF.
Interest Rate:             Expected to be 9.00% per annum, calculated on a 30/360 basis,
                           to be set on the Trade Date.
Interest Payment Dates:    9/19/2011, 10/19/2011, 11/21/2011, 12/19/2011, 1/19/2012,
                           2/21/2012, 3/19/2012, 4/19/2012, 5/21/2012, 6/19/2012,
                           7/19/2012 and the Maturity Date, unless redeemed earlier.
Early Redemption:          The Issuer may redeem the securities on any Interest Payment
                           Date scheduled to occur on or after 11/21/2011 upon at least 3
                           business days notice for 100% principal amount plus accrued
                           but unpaid interest.
Knock-In Level:            For each Underlying, the Knock-In Level will be
                           approximately 60% of the Initial Level for such Underlying.
Knock-In Event:            A Knock-In Event occurs if the closing level of any
                           Underlying reaches or falls below its Knock-In Level on any
                           trading day during the Observation Period.
Initial Level:             For each Underlying, the closing level of such Underlying on
                           the Trade Date.
Final Level:               For each Underlying, the closing level of such Underlying on
                           the Valuation Date.
Redemption Amount:         Subject to Early Redemption, for each $1,000 principal
                           amount of securities (a) if a Knock-In Event occurs, $1,000 x
                           (1 + the Underlying Return of the Lowest Performing
                           Underlying); (b) if a Knock-In Event does not occur, $1,000.
Lowest Performing          The Underlying with the lowest Underlying Return.
Underlying:
Underlying Return:         For each Underlying, the Underlying Return will be calculated
                           as follows: (Final Level – Initial Level)/Initial Level; subject
                           to a maximum of zero.
Observation Period:        The period from but excluding the Trade Date to and including
                           the Valuation Date.
Valuation Date:            August 15, 2012
Maturity Date:             August 20, 2012
CUSIP:                     22546TCY5


                                      Benefits

                Offers above-market interest payment versus ordinary fixed
                 income investments
           Reduced downside risk due to a 40.00% contingent buffer

               Hypothetical Returns at Maturity
                                Redemption
  Percentage     Underlying       Amount        Redemption
 Change of the    Return of      (Knock-In        Amount
    Lowest       the Lowest        Event         (Knock-In
  Performing     Performing       Does Not         Event
  Underlying     Underlying     Occur) (1)(2)   Occurs) (1)(2)




       50%              0%            $1,000            $1,000
       40%              0%            $1,000            $1,000
       30%              0%            $1,000            $1,000
       20%              0%            $1,000            $1,000
       10%              0%            $1,000            $1,000
        0%              0%            $1,000            $1,000
      -10%             -10%           $1,000             $900
      -20%             -20%           $1,000             $800
      -30%             -30%           $1,000             $700
      -40%             -40%             N/A              $600
      -50%             -50%             N/A              $500
(1) Does not include interest payments on the securities, which in
    the aggregate is expected to be approximately $90.00 per
    $1,000 principal amount of securities, assuming an Early
    Redemption does not occur.
(2) The hypothetical Redemption Amounts set forth above are for
    illustrative purposes only and may not be the actual returns
    applicable to the investor. The numbers appearing in the table
    have been rounded for ease of analysis.

                              Product Risks

             Investment may result in a loss of up to 100% of principal.

             The securities and the payment of any amount due on the
              securities are subject to the credit risk of Credit Suisse.

             The securities will not pay more than the principal amount,
              plus accrued and unpaid interest, at maturity or upon early
              redemption.

             The Redemption Amount will be less than the principal
              amount even if only one Underlying causes a Knock-In
              Event and the Final Level of only one Underlying is below
              its Initial Level.

             If a Knock-In Event occurs and the Final Level is less than
              the Initial Level, the return will be based on the Lowest
              Performing Underlying.

             The securities are subject to Early Redemption, which may
              limit an investor’s ability to accrue interest over the full term
              of the securities.
              (See “Additional Risk Considerations” on the next page.)
                       Product Summary
   Horizon (years)                            1 year
Principal Repayment                      Principal at Risk
Investment Objective                         Income
  Market Outlook                             Neutral
FINANCIAL PRODUCTS
FACT SHEET
                                               Offering Period: August 8, 2011—August 15, 2011
                                                        1 year Callable Yield Notes
                                                         Additional Risk Considerations

           The securities are exposed equally to risk of fluctuations in the levels of the Underlyings to the same degree for each Underlying.

           Anti-dilution protection is limited.

           Prior to maturity, costs such as concessions and hedging may affect the value of the securities.

           Liquidity – The securities will not be listed on any securities exchange. Credit Suisse (or its affiliates) intends to offer to purchase
            the securities in the secondary market but is not required to do so. Many factors, most of which are beyond the control of the Issuer,
            will influence the value of the securities and the price at which the securities may be purchased or sold in the secondary market. For
            example, the creditworthiness of the Issuer, including actual or anticipated downgrades to the Issuer’s credit ratings, may be a
            contributing factor.

           Potential Conflicts – We and our affiliates play a variety of roles in connection with the issuance of the securities including acting
            as calculation agent and hedging our obligations under the securities. The agent for this offering, Credit Suisse Securities (USA)
            LLC (“CSSU”), is our affiliate. In accordance with FINRA Rule 5121, CSSU may not make sales in this offering to any
            discretionary account without prior written approval of the customer.

           As a holder of the securities, you will not have voting rights or rights to receive cash dividends or other distributions with respect to
            the equity securities comprising the Underlyings.

            The risks set forth in the section entitled “Product Risks” on the preceding page and this section “Additional Risk
            Considerations” are only intended as summaries of some of the risks relating to an investment in the securities. Prior to
            investing in the securities, you should, in particular, review the “Product Risks” and “Additional Risk Considerations”
            sections herein, the “Selected Risk Considerations” section in the pricing supplement and the “Risk Factors” section in the
            product supplement, which set forth risks related to an investment in the securities.

                                                                     Disclaimer

IRS Circular 230 Disclosure: Credit Suisse and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters
contained herein (including any attachments) is not intended or written to be used and cannot be used, in connection with the promotion,
marketing or recommendation by anyone unaffiliated with Credit Suisse of any of the matters addressed herein or for the purpose of avoiding
U.S. tax-related penalties.

Investment suitability must be determined individually for each investor, and the financial instruments described herein may not be suitable for
all investors. The products described herein should generally be held to maturity as early sales could result in lower than anticipated returns.
This information is not intended to provide and should not be relied upon as providing accounting, legal, regulatory or tax advice. Investors
should consult with their own advisors as to these matters.

This material is not a product of Credit Suisse Research Departments. Financial Products may involve a high degree of risk, and may be
appropriate investments only for sophisticated investors who are capable of understanding and assuming the risks involved. Credit Suisse and
its affiliates may have positions (long or short), effect transactions or make markets in securities or financial instruments mentioned herein (or
options with respect thereto), or provide advice or loans to, or participate in the underwriting or restructuring of the obligations, issuers of the
stocks comprising the applicable index, indices or fund mentioned herein. Credit Suisse is a member of FINRA, NYSE and SIPC. Clients
should contact their salespersons at, and execute transactions through, a Credit Suisse entity qualified in their home jurisdiction unless
governing law permits otherwise.

This document is a summary of the terms of the securities and factors that you should consider before deciding to invest in the
securities. Credit Suisse has filed a registration statement (including pricing supplement, underlying supplement, product supplement,
prospectus supplement and prospectus) with the Securities and Exchange Commission, or SEC, for the offering to which this offering
summary relates. Before you invest, you should read this summary together with the Preliminary Pricing Supplement dated August 3,
2011, Underlying Supplement dated June 24, 2010, Product Supplement No. U-I dated October 18, 2010, Prospectus Supplement dated
March 25, 2009 and Prospectus dated March 25, 2009, to understand fully the terms of the securities and other considerations that are
important in making a decision about investing in the securities. You may get these documents without cost by visiting EDGAR on the
SEC Web site at www.sec.gov . Alternatively, Credit Suisse, any agent or any dealer participating in this offering will arrange to send
you the pricing supplement, underlying supplement, product supplement, prospectus supplement and prospectus if you so request by
calling toll-free 1-(800)-221-1037.

You may access the pricing supplement related to the offering summarized herein on the SEC website at:
http://www.sec.gov/Archives/edgar/data/1053092/000095010311003157/dp25580_424b2-u472.htm

You may access the underlying supplement, product supplement, prospectus supplement and prospectus on the SEC website at
www.sec.gov or by clicking on the hyperlinks to each of the respective documents incorporated by reference in the pricing supplement.

				
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